Nothing stops this train!
The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.
May 7, 2026, 10:08 amCore Scientific reported higher Q1 revenue and gross profit, though the company swung to a net loss driven largely by impairment charges.
May 7, 2026, 8:40 amBitcoin (BTC) miners reported widening net losses in the first quarter of 2026 as declining Bitcoin prices, broader market pressures, and other factors weighed on the firms. Hut 8 (HUT), Core Scientific (CORZ), American Bitcoin (ABTC), Cipher Digital (CIFR), and Riot Platforms (RIOT) all reported losses.
Paraguay now controls 4.3% of the global Bitcoin network — a figure that caught the attention of Colombia’s president and may be shaping the country’s next big energy bet.
The ETFs are on their way to report their sixth consecutive week of net inflows, which would be the longest weekly streak since July 2025.
Matthew Sigel, VanEck’s Head of Digital Assets Research, has projected that Bitcoin (BTC) could reach $1 million per coin. Sigel made the comments on CNBC’s Halftime Report. He described the path as cyclical and warned of significant volatility along the way.
Telegram founder Pavel Durov shared data showing The Open Network (TON) finalizes transactions in 0.6 seconds. That places TON first among Layer 1 blockchains, far ahead of Bitcoin (BTC), which takes about an hour to settle. The numbers arrive weeks after TON’s mainnet upgrade dropped finality below one second.
The Fear & Greed Index suggests digital asset traders are fearful even after the latest price recovery above $82,000 that Bitcoin has observed.
At Consensus 2026 in Miami, executives from Two Prime, Ledn and Lygos Finance said institutional borrowers increasingly prioritize custody, transparency and standardized lending structures over complex DeFi products after the crypto credit collapses of 2022.
The Trump family-linked miner cut its cost per Bitcoin to roughly $36,200 from $46,900 in Q4 2025, putting it among the lowest-cost public mining operations at a moment when most of its peers are toning down business.
On Wednesday, Bitcoin reached its highest level since January, crossing above the $82,000 threshold. However, one analyst has warned that the latest upswing may not be driven by genuine demand.
$80,833.00 -1.77%
$1.62T Market Cap
$37.57B Total Volume (2.32%)
$126,080 All Time High -35.89%
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